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Income Statement
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ICAGEN INC (ICGN)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-10Dec-31-09Dec-31-08Dec-31-07Dec-31-06Dec-31-05Dec-31-04Dec-31-03
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues   [+]13.218.122.127.928.825.920.417.3
            Revenue growth  -26.7%-18.4%-20.5%-3.4%11.2%27.1%17.9%19.5%
Cost of goods sold  17.622.427.933.834.730.523.419.7
Gross profit  -4.3-4.3-5.7-5.9-5.9-4.6-3.0-2.4
            Gross margin  -32.7%-23.8%-26.0%-21.3%-20.5%-17.7%-14.9%-13.8%
Selling, general and administrative   [+]4.34.35.75.95.94.63.02.4
Other operating expenses  -1.64.14.10.814.512.510.99.4
EBITDA   [+]-6.3-11.9-14.8-11.9-25.4-20.6-15.8-13.0
            EBITDA margin  -47.4%-65.9%-66.9%-42.8%-88.2%-79.6%-77.7%-75.2%
Depreciation and amortization  0.80.80.80.80.91.11.11.2
EBIT   [+]-7.0-12.7-15.6-12.7-26.3-21.7-16.9-14.2
            EBIT margin  -53.2%-70.4%-70.4%-45.5%-91.3%-83.8%-83.1%-82.2%
Interest income, net   [+]-0.1-0.10.81.81.51.40.20.0
Other income (expense), net  0.7    0.00.00.0
Pre-tax income  -6.4-12.9-14.8-10.9-24.8-20.2-16.7-14.2
Income taxes  0.0-0.10.00.00.00.00.00.0
            Tax rate  0.1%0.7%0.0%0.0%0.0%0.0%0.0%0.0%
Net income  -6.4-12.8-14.8-10.9-24.8-20.2-16.70.0
            Net margin  -48.0%-70.7%-66.9%-39.1%-86.1%-78.2%-82.0%0.0%
   
Basic EPS   [+]($1.06)($2.17)($2.57)($0.29)($1.12)($1.03)($10.61)($4.61)
Diluted EPS   [+]($1.06)($2.17)($2.57)($0.29)($1.12)($1.03)($10.61)($4.61)
   
Shares outstanding (basic)   [+]6.05.95.837.422.219.61.60.0
Shares outstanding (diluted)   [+]6.05.95.837.422.219.61.60.0
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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